Our Team Advises LAU Infra Grupa on Its IPO
Eversheds Sutherland Bitāns advises LAU Infra Grupa on its successful initial public offering - the first ever of a state-owned enterprise in Latvia.
July 06, 2026
We are proud to have advised road maintenance and civil engineering company LAU Infra Grupa on the successful completion of its initial public offering - a landmark transaction for Latvia’s capital market.
The offering attracted strong investor interest across the Baltics, with 1,981 investors from Latvia, Lithuania, and Estonia subscribing for 3,944,893 shares with a total value of EUR 6.19 million.
A particularly strong signal of confidence was the participation of leading Baltic pension funds, highlighting institutional trust in the company’s business model, financial performance, and long-term growth prospects.
Our capital markets team, led by Marta Rudzīte and Maris Vainovskis acted as legal advisors and provided strategic guidance for this milestone transaction.
We congratulate Chairman Of The Board Vilnis Vitkovskis, Board Member Armands Beiziķis, and the entire LAU Infra Grupa team on this successful outcome and thank them for their trust throughout this process.
We also thank our fellow advisors for the strong teamwork that helped bring this transaction to a successful closing: Luminor Latvija, Ivars Bergmanis, VA Communications Rud Pedersen Latvia.
LAU Infra Grupa AS (formerly VAS Latvijas autoceļu uzturētājs) is one of Latvia’s leading road maintenance and civil engineering companies, operating in the transport infrastructure sector.